Risk Management Professional (PMI-RMP)® – Classroom Course

Risk Management Professional (PMI-RMP)® – Classroom Course

PMI’s Risk Management Professional (PMI-RMP)® credential is a solution to project management’s increasing growth, complexity and diversity. Globally recognized and demanded, the PMI-RMP® fills the need for a specialist role in project risk management.

It recognizes your unique expertise and competency in assessing and identifying project risks, mitigating threats and capitalizing on opportunities, while still possessing a core knowledge and practical application in all areas of project management.

Globally recognized and demanded, the RMP credential demonstrates to employers, clients and colleagues that a Risk manager possesses Risk management knowledge, experience and skills to bring Risks to successful completion.

As the demand for skilled Risk managers is at a critically urgent level, practitioners who hold the RMP credential are well positioned to provide the professional skills necessary to lead Risk teams and achieve successful Risk results.

The RMP recognizes the competence of an individual to perform in the role of a Risk manager, specifically experience in leading and directing Risks. Year after year, the RMP credential has garnered global recognition and commanded a higher salary for credentialed individuals over non-credentialed individuals. PMI’s Risk Management Professional (RMP) ® credential is the most important industry-recognized certification for Risk managers. Globally recognized and demanded, the RMP® demonstrates that you have the experience, education and competency to lead and direct Risks.

This recognition is seen through increased marketability to employers and higher salary; according to the PMI

Day 1

Plan Risk Management

Purpose and Objectives of the Plan Risk Management Process

Critical Success Factors for the Plan Risk Management Process

Identify and Address Barriers to Successful Project Risk Management

Involve Project Stakeholders in Project Risk Management

Comply with the Organization’s Objectives, Policies, and Practices

Tools and Techniques for the Plan Risk Management Process

Documenting the Results of the Plan Risk Management Process

Identify Risks

Purpose and Objectives of the Identify Risks Process

Critical Success Factors for the Identify Risks Process

Early Identification

Iterative Identification

Comprehensive Identification

Explicit Identification of Opportunities

Multiple Perspectives

Risks Linked to Project Objectives

Objectivity

Tools and Techniques for the Identify Risks Process

Perform Qualitative Risk Analysis

Purpose and Objectives of the Perform Qualitative Risk Analysis Process

Tools and Techniques for the Perform Quantitative Risk Analysis Process

Comprehensive Risk Representation

Risk Impact Calculation

Quantitative Method Appropriate to Analyzing Uncertainty

Effective Presentation of Quantitative Analysis Results

Plan Risk Responses

Purpose and Objectives of the Plan Risk Responses Process

Critical Success Factors for the Plan Risk Responses Process

Provide Resources, Budget, and Schedule for Responses

Ensure Appropriate, Timely, Effective, and Agreed-Upon Responses

Address Both Threats and Opportunities

Risk Response Strategies

Avoid a Threat or Exploit an Opportunity

Transfer a Threat or Share an Opportunity

Mitigate a Threat or Enhance an Opportunity

Accept a Threat or an Opportunity

Applying Risk Response Strategies to Overall Project Risk

Tools and Techniques for the Plan Risk Responses Process

Response Selection

Action Planning

Ownership and Responsibility Assignment

Monitor and Control Risks

Purpose and Objectives of the Monitor and Control Risks Process

Critical Success Factors for the Monitor and Control Risks Process

Continuously Monitor Risk Trigger Conditions

Tools and Techniques for the Monitor and Control Risks Process

Managing Contingency Reserves

Tracking Trigger Conditions

Tracking Overall Risk & Compliance

This course is aligned with the concepts of Risk Management as defined by Project Management Institute (PMI®) and is a great way to prepare for Project Management Institute - Risk Management Professional (PMI-RMP)® exam.Upon successful completion of the course, you get 20 PMI® Approved Professional Development Units (PDU).

Students completing the course also receive a certificate of completion of the Risk Management course.

Deliverable

35 Contact Hours (Blended with Face to Face and eLearning)

Access to eLearning - Risk Management (with 90 days validity)

RMP certification establishes a common language among Risk managers and helps each other work within a common framework.

Once you have the RMP, you need to consider how you're applying the processes, tools, and techniques to Risks. By sharing how you apply the Project Management Body of Knowledge (PMBOK) framework and demonstrating that through actions, you'll build your own personal brand within the company as someone who can deliver. With each success, you should find experiences on larger Risks across programs in different business organizations. By demonstrating greater competency managing more complex Risks, you'll also be able to compete for more senior positions.

When you earn Risk Management Professional -RMP® certification through the Risk Management Institute PMI®, you’ll position yourself for the best and most lucrative job opportunities. No matter what industry you choose to work in, RMP® certification will be a huge asset as you move forward in your career. Not only does the credential itself carry prestige, but the skills and knowledge that you develop as you work towards attaining it will help you consistently deliver superior performance.

Advantages of RMP

It provides a common vocabulary and area of knowledge from within which those involved in Risk management can communicate more efficiently and effectively.

Growing popularity of the RMP designation, though experiencing, is, in general, a good thing as it creates more visibility for the profession.

Unlike other certification, the PMBOK provides a general framework and body of knowledge that will stay timely for years to come and gets updated.

ISO standardizing body to standardize the PMBOK is a testament to this.

Finally, good Risk managers will always be good managers regardless of having or not having the three letter designation next to their name, but why not increase our marketability and edge you gain by getting the certification?

Just go for it! I know the intense studying I did for it, definitely uncovered areas of Risk management I didn't really know about and the time, effort and money I put into it was definitely worth it.

The RMP recognizes demonstrated competence in leading and directing Project teams with Risk specialisation.

If you’re an experienced Risk manager looking to solidify your skills, stand out to employers and maximize your earning potential, the RMP credential is the right choice for you.

RMP Eligibility Overview

To apply for the PMI-RMP, you need to have either:

A secondary degree (high school diploma, associate’s degree, or the global equivalent), with at least 4,500 hours of project risk management experience and 40 hours of project risk management education.